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Impact of a New U.S. Government Currency on Bitcoin?

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What Happens When the U.S. Government Creates a New Currency?

Hey everyone,

I've been thinking about a hypothetical scenario where the U.S. government creates a new currency, let's call it "Government Coin," to replace the U.S. dollar. I'm curious about a couple of things:

  1. What would happen to the Bitcoin price if people can't buy Bitcoin with this new Government Coin?
  2. How would the uncertainty of the value of Government Coin, being different from the U.S. dollar, impact Bitcoin and other cryptocurrencies?

I'd love to hear your thoughts on this!

Thanks!


submitted by /u/Fit_Chemical4554
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